Common use of Rights of Securityholders Clause in Contracts

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 209, and the Securityholders shall not have any right or title therein other than the

Appears in 2 contracts

Samples: Trust Agreement (VBC Capital I), Trust Agreement (VBC Capital I)

AutoNDA by SimpleDocs

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.09, and the Securityholders shall not have any right or title therein other than thethan

Appears in 2 contracts

Samples: Agreement (Texas Utilities Electric Co), Agreement (Texas Utilities Electric Co)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.7, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial ownership interests in the assets of the Trust conferred by their Trust Preferred Securities and they shall have no right to call for any partition or division of property profits or rights of the Trust except as described below. The Trust Preferred Securities shall be personal property giving only the rights specifically set forth

Appears in 1 contract

Samples: Trust Agreement (Teco Capital Trust Iii)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.9, and the Securityholders shall not have any right or title therein other than thenot

Appears in 1 contract

Samples: Trust Agreement (American Coin Merchandising Trust Iv)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section SECTION 209, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial interest in the assets of the Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Trust except as described below. The Trust Securities shall be personal property

Appears in 1 contract

Samples: Trust Agreement (Southside Capital Trust I)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.09, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial interest in 19

Appears in 1 contract

Samples: Trust Agreement (Pacific Gas & Electric Co)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.09, and the Securityholders shall not have any right or title therein other than thethe beneficial ownership interest in the assets of the Trust conferred by their Trust Securities, and they shall have no right to call for any partition or division of property,

Appears in 1 contract

Samples: Trust Agreement (Mony Group Inc)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.9, and the Securityholders shall not have any right or title therein other than the undivided beneficial ownership interest in the assets of the

Appears in 1 contract

Samples: Trust Agreement (Telebanc Capital Trust Ii)

AutoNDA by SimpleDocs

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 209, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial interest in the assets of the Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Trust except as described below. The Trust Securities shall be personal property

Appears in 1 contract

Samples: Trust Agreement (Community First Bankshares Inc)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.9, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial interest in the assets of the Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Trust except as described below. The Trust Securities shall be personal property giving only the rights specifically set forth therein and in this Trust

Appears in 1 contract

Samples: Trust Agreement (Riggs National Corp)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.9, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial ownership interest in the assets of the Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Trust except as described below. The Trust Securities shall be personal property giving only the rights specifically set forth therein and in this Trust

Appears in 1 contract

Samples: Trust Agreement (J P Morgan Chase & Co)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.09, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial interest in the assets of the Trust conferred by their Trust Securities, and they shall have no right

Appears in 1 contract

Samples: Trust Agreement (Cleveland Electric Financing Trust I)

Rights of Securityholders. (a) The legal title to the Trust Property is vested exclusively in the Property Trustee (in its capacity as such) in accordance with Section 2092.09, and the Securityholders shall not have any right or title therein other than thethe undivided beneficial interest in the assets of the Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Trust except as described

Appears in 1 contract

Samples: Trust Agreement (Lucent Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.